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Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net Operating Revenues and Other        
Crude Oil and Condensate $ 1,451,410 $ 1,137,717 $ 4,326,925 $ 2,951,118
Natural Gas Liquids 180,038 112,439 480,389 299,401
Natural Gas 220,402 205,293 675,012 526,779
Gains (Losses) on Mark-to-Market Commodity Derivative Contracts (6,606) 5,117 64,860 (33,821)
Gathering, Processing and Marketing 784,368 532,456 2,289,702 1,351,665
Gains (Losses) on Asset Dispositions, Net (8,202) 108,204 (33,876) 101,801
Other, Net 23,434 17,278 64,869 51,650
Total 2,644,844 2,118,504 7,867,881 5,248,593
Operating Expenses        
Lease and Well 251,943 226,348 762,906 685,606
Transportation Costs 183,565 200,862 548,635 570,787
Gathering and Processing Costs 32,590 32,635 105,480 90,385
Exploration Costs 30,796 25,455 122,401 85,843
Dry Hole Costs 50 10,390 77 10,464
Impairments 53,677 177,990 325,798 322,321
Marketing Costs 793,536 552,487 2,320,671 1,373,387
Depreciation, Depletion and Amortization 846,222 899,511 2,527,642 2,690,893
General and Administrative 111,717 94,397 317,462 292,633
Taxes Other Than Income 125,912 91,909 386,319 246,068
Total 2,430,008 2,311,984 7,417,391 6,368,387
Operating Income (Loss) 214,836 (193,480) 450,490 (1,119,794)
Other Income (Expense), Net 226 (7,912) 8,349 (33,345)
Income (Loss) Before Interest Expense and Income Taxes 215,062 (201,392) 458,839 (1,153,139)
Interest Expense        
Interest Expense, Net 69,082 70,858 211,010 210,356
Income (Loss) Before Income Taxes 145,980 (272,250) 247,829 (1,363,495)
Income Tax Provision (Benefit) 45,439 (82,250) 95,718 (409,161)
Net Income (Loss) $ 100,541 $ (190,000) $ 152,111 $ (954,334)
Net Income (Loss) Per Share        
Basic $ 0.17 $ (0.35) $ 0.26 $ (1.74)
Diluted 0.17 (0.35) 0.26 (1.74)
Dividends Declared per Common Share $ 0.1675 $ 0.1675 $ 0.5025 $ 0.5025
Average Number of Common Shares        
Basic 574,783 547,838 574,370 547,295
Diluted 578,736 547,838 578,453 547,295
Other Comprehensive Income        
Foreign Currency Translation Adjustments $ 355 $ 141 $ 1,924 $ 8,170
Other, Net of Tax (25) 23 (74) 68
Other Comprehensive Income 330 164 1,850 8,238
Comprehensive Income (Loss) $ 100,871 $ (189,836) $ 153,961 $ (946,096)